NOT LISTED FOR SALE

389 Mallet Bayou Rd Freeport, FL 32439

Freeport Area

Estimated Value: $344,000 - $438,000

3 Beds
1.5 Baths
1,168 Sq Ft
$319/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2025

Last sale price $374,900 $321 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,167 / mo

28 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.53 Acre Lot
  • Vaulted Ceiling
  • Freeport Middle School Rated A-
  • Contemporary Architecture
  • Screened Porch

About This Home

As of January 2025

Quiet coastal retreat in fantastic location on large lot and NO HOA!
Contemporary concrete home on 1/2 acre in a peaceful and serene setting just minutes from the Gulf of Mexico. This 3 bedroom, 1.5 bathroom home with soaring ceilings has been updated and delightfully accented with chandeliers and artistic flair. The oversized screened front porch overlooks the expansive lawn with fruit trees. This fully fenced property has a detached metal studio/workshop and carport on 6'' slab plus an additional insulated storage building that can be heated and cooled - this flex space makes a great office!

Primely positioned for work and play!
4 minutes (2.4 mi) to Grady Brown Park.
15 minutes (10 mi) to Grayton or Blue Mtn. Beach
6 minutes (3 mi) to Publix & Shoppes of Freeport.

Last Agent to Sell the Property

Theresa Felton

La Florida Coastal Properties License #3510728 Listed on: 11/07/2024

Last Buyer's Agent

Erik Hansen

Keller Williams Realty Gulf Coast License #3069922

Keller Williams Realty Gulf Coast
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,306

Year Built

  • Built in 1998 | Remodeled

Lot Details

  • 23,087 Sq Ft Lot
  • Lot Dimensions are 250 x 102 x 225 x 105
  • Back Yard Fenced

Parking

  • Detached Carport Space

Home Design

  • Contemporary Architecture
  • Concrete Siding

Interior Spaces

  • 1,168 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Screened Porch
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Schools

  • Freeport Elementary And Middle School
  • Freeport High School

Utilities

  • Central Air
  • Septic Tank

Community Details

  • Mallet Bayou Reach Ph 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34-1S-19-23000-005-0051

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,306

Year Built

Built in 1998 | Remodeled

Lot Details

0.53 Acres

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.53
  • Lot Size: 250 X 102 X 225 X 105
  • Subdivision Name: MALLET BAYOU REACH PH 1
  • Directions: From Hwy 331 North, turn West onto Mallet Bayou Road. Continue for 3/10 of mile and home will be on the left
  • Architectural Style: Contemporary
  • Carport Y N: Yes
  • New Construction: No
  • Building Stories: 1
  • Year Built: 1998
  • Remarks Misc:Remarks: Quiet coastal retreat in fantastic location on large lot and NO HOA! Contemporary concrete home on 1/2 acre in a peaceful and serene setting just minutes from the Gulf of Mexico. This 3 bedroom, 1.5 bathroom home with soaring ceilings has been updated and delightfully accented with chandeliers and artistic flair. The oversized screened front porch overlooks the expansive lawn with fruit trees. This fully fenced property has a detached metal studio/workshop and carport on 6'' slab plus an additional insulated storage building that can be heated and cooled - this flex space makes a great office! Primely positioned for work and play! 4 minutes (2.4 mi) to Grady Brown Park. 15 minutes (10 mi) to Grayton or Blue Mtn. Beach 6 minutes (3 mi) to Publix & Shoppes of Freeport.
  • Utilities Electric: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Utilities:Septic Tank: Yes
  • Rooms:Laundry2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Vaulted, Furnished - None
  • Master Bedroom:First: Yes
  • Interior:Ceiling Vaulted: Yes

Exterior Features

  • Lot Features: Within 1/2 Mile to Water
  • Construction Type: Concrete
  • Exterior Features: Fenced Back Yard, Fenced Lot-All, Porch Screened, Renovated, Workshop, Yard Building
  • Other Structures: Shed(s)
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Concrete: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Porch Screened: Yes
  • Exterior:Workshop: Yes
  • Exterior:Fenced Lot-All: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: Carport Detached, Other
  • General Property Info:Garage2: No
  • Parking Features:Other3: Yes
  • Parking Features:Carport Detached: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Utilities: Electric, Public Water, Septic Tank

Schools

  • Elementary School: Freeport
  • High School: Freeport
  • Middle Or Junior School: Freeport

Lot Info

  • Lot Size Sq Ft: 23086.8
  • Parcel #: 34-1S-19-23000-005-0051
  • Zoning: Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1306.36
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2024
Closed on
Jan 31, 2025
Sold by
Bought by
Seller's Agent
Theresa Felton
La Florida Coastal Properties
Buyer's Agent
Erik Hansen
Keller Williams Realty Gulf Coast
List Price
$384,900
Sold Price
$374,900
Premium/Discount to List
-$10,000
-2.6%
Views
32
Current Estimated Value
$372,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,278
Avg. Annual Appreciation
-0.39%
Original Mortgage
$368,109
Outstanding Balance
$361,319
Interest Rate
5.75%
Mortgage Type
FHA
Estimated Equity
$11,303

Purchase Details

Closed on
Oct 27, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,450
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2019
Sold by
Bought by

Purchase Details

Closed on
Mar 6, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,390
Interest Rate
5.29%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Freeport, FL

  • Tracy McFarland Real Estate Agent - World Impact Real Estate

    Tracy McFarland

    World Impact Real Estate

    (615) 703-4887

    103 Total Sales

    2 in Freeport

    $519K - $1.1M Price Range

    Tracy McFarland
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  • JOE NACCHIA Real Estate Agent - Berkshire Hathaway Home Services PenFed Realty

    JOE NACCHIA

    Berkshire Hathaway Home Services PenFed Realty

    (850) 716-1434

    125 Total Sales

    1 in Freeport

    $175,000 Price

    JOE NACCHIA
     Section Image
  • Norman Davis Real Estate Agent - Better Homes and Gardens Real Estate Main Street Properties

    Norman Davis

    Better Homes and Gardens Real Estate Main Street Properties

    (850) 786-1781

    60 Total Sales

    1 in Freeport

    $569,705 Price

    Norman Davis
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  • Cora Rasmussen Real Estate Agent - Realty ONE Group Emerald Coast

    Cora Rasmussen

    Realty ONE Group Emerald Coast

    (253) 509-7754

    152 Total Sales

    1 in Freeport

    $299,999 Price

    Cora Rasmussen
     Section Image
  • Tammy Summers Real Estate Agent - Berkshire Hathaway HomeServices PenFed Realty

    Tammy Summers

    Berkshire Hathaway HomeServices PenFed Realty

    (601) 210-4840

    50 Total Sales

    1 in Freeport

    $160,000 Price

    Tammy Summers
     Section Image
  • Deborah Morton Real Estate Agent - Bay Living, Inc.

    Deborah Morton

    Responds Quickly

    Bay Living, Inc.

    (786) 901-7183

    315 Total Sales

    8 in Freeport

    $60K - $340K Price Range

    Deborah Morton
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$374,900 Rodgers Kiefer Title
$343,500 Rodgers Kiefer Title
$165,000 Attorney
$94,500 Aqua Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $368,109
Previous Owner $286,450
Previous Owner $48,000
Previous Owner $35,000
Previous Owner $96,390
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/31/2025 01/31/25 Sold $374,900 0.0% $321 / Sq Ft
12/05/2024 12/05/24 Pending -- -- --
11/22/2024 11/22/24 Price Changed $374,900 -2.6% $321 / Sq Ft
11/07/2024 11/07/24 For Sale $384,900 -- $330 / Sq Ft
Source: Emerald Coast Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,478 $178,512 $63,250 $115,262
2024 $1,306 $146,779 $30,248 $116,531
2023 $1,306 $148,048 $30,248 $117,800
2022 $1,344 $148,639 $33,575 $115,064
2021 $456 $79,203 $0 $0
2020 $978 $97,751 $23,449 $74,302
2019 $375 $63,944 $0 $0
2018 $370 $62,752 $0 $0
2017 $369 $62,207 $10,422 $51,785
2016 $366 $60,939 $0 $0
2015 $369 $60,515 $0 $0
2014 $377 $61,090 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Theresa Felton Real Estate Agent - La Florida Coastal Properties

    Seller's Agent in 2025

    Theresa Felton

    La Florida Coastal Properties

    (407) 625-6808

    18 Total Sales

    Theresa Felton
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  • Erik Hansen Real Estate Agent - Keller Williams Realty Gulf Coast

    Buyer's Agent in 2025

    Erik Hansen

    Keller Williams Realty Gulf Coast

    (850) 471-5000

    949 Total Sales

    Erik Hansen
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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 961180

Emerald Coast Association of REALTORS®

APN: 34-1S-19-23000-005-0051

Florida Walton County Freeport 32439

389 Mallet Bayou Rd, Freeport, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Emerald Coast Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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